BOJ’s Kuroda: Don't see China’s property sector woes to trigger huge global shock

Further comments flowing in from the Bank of Japan (BOJ) Governor Haruhiko Kuroda, as he continues to speak on the economic growth and Chinese property sector woes.

Key quotes

Today's weak GDP likely due to consumption slump in Sept when spike in infections hit eating-out, travel.

Japan's economy likely to gradually recover in Oct-Dec quarter.

Rising commodity prices reflect strong global demand, which is positive for Japan’s economy overall.

Rising commodity prices affecting sectors, companies in varying ways, watching impact on economy carefully.

Corporate fund demand gradually subsiding as economy reopens, but uncertainty remains on pandemic outlook.

Japan financial institutions' exposure to China’s Evergrande is very small.

Don't expect China’s property sector woes to have huge impact on Japan’s economy, banks.

Don't see China’s property sector woes to trigger huge global shock.